On Saturday 25. October 2014 13.27.30 Adam Back wrote: > - alternatively you might say why not 1/100th reward reduction per 2 > week period rather than 1/2 every 4 years, a difficulty retarget could > be a convenient point to do that.
mining equipment has a much shorter lifetime than 4 years, so the halving makes it easy to base purchases on. Also, divide by two is the cleanest way to get to zero after a specific amount of divisions. ------------------------------------------------------------------------------ _______________________________________________ Bitcoin-development mailing list Bitcoin-development@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/bitcoin-development